port of destination
The port at which a voyage is to end. • This term generally includes any stopping places at which the ship receives or unloads cargo.
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Search Results for: DESTINATION
cif place of destination
CIF place of destination. See CIF destination under COST, INSURANCE, AND FREIGHT.
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CIF destination
A contractual term denoting that the price includes in a lump sum the cost of the goods and the insurance and freight to the named destination. — Also termed C.I.F. place of destination. [Cases: Sales 77(2). C.J.S. Sales §§ 96–98.]
destination contract
A contract in which a seller bears the risk of loss until the goods arrive at the destination. UCC § 2-509. Cf. shipment contract. [Cases: Sales 201(4). C.J.S. Sales §§ 224–227.]
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destination bill of lading
A bill procured to be issued at the destination point or any other place than the place of shipment. UCC § 7-305. [Cases: Shipping 106(3). C.J.S. Shipping §§ 260–263, 265.]
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spes successionis in destinatione
spes successionis in destinatione (speez s[schwa]k-ses[h]-ee-oh-nis in des-ti-nay-shee-oh-nee). [Law Latin] Hist. A hope of succeeding under a destination (that is, an appointment by will).
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destination
destination. 1. The predetermined end of a course, as of a voyage or package shipment. 2. The act of appointment, esp. in a will; a designation. 3. Scots law. The nomination of heirs — esp. in a certain order — by law or under a will. “The series of heirs called to the succession of
destinatione
destinatione (des-ti-nay-shee-oh-nee). [Law Latin] Hist. By destination or appointment of an heir. • The phrase appeared in reference to the process, made possible through a destination clause, by which an heir was appointed to a succession in a certain order. See DESTINATION(2),(3).
FOB destination
A mercantile term denoting that the seller is required to pay the freight charges as far as the buyer’s named destination. [Cases: Sales 79. C.J.S. Sales § 168.]